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Low Zone

Located 3 kilometres east-southeast of the Shalosky gold-in-soil anomaly at the Low Zone, a series of 3 contiguous 1 metre long samples were collected in 2010 and returned gold assays of 8.75 g/t, 18.95 g/t and 12.4 g/t for a weighted average of 13.37 g/t gold.

A further 150 metres to the west, channel sampling returned a weighted average of 3.76 g/t gold over 4 metres with a perpendicular channel sample yielding 6.23 g/t gold over 0.5 metre. Individual rock samples collected along the Low zone returned from 0.01 g/t to 18.95 g/t gold.

In 2011, Rhyolite tested the Low area with four diamond drill holes comprising 536 meters. This drilling covered a 160 meter area.

The Low zone is hosted in a steeply dipping, east-west trending shear zone that contains quartz-sulphide veining, brecciation and fault gouge. The mineralized structure has been intermittently traced in surface samples along strike for 150 metres before disappearing under overburden at both ends of the exposed extent.